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Deals & Dealmakers

NAI Global, Honest Buildings form partnership

Honest Buildings, a data-driven project management and procurement platform built for commercial real estate owners and managers, has signed a partner agreement with NAI Global.

Through the agreement NAI will make the Honest Buildings software solution available to its Member firms to streamline project management processes, reduce costs and increase efficiencies on projects portfolio-wide, at a partner rate.

Jay Olshonsky, FRICS, SIOR, president of NAI Global, rolled out the announcement during the firm’s annual global convention in Amelia Island, FL this week.

“By providing our member firms the latest tools and technology available, we help them provide solutions for their clients and maximize the value of their assets,” said Olshonsky.

“Gaining a tighter handle on cost controls with the smart, proactive financial tracking tools that are part of the Honest Buildings platform allows owners to keep their projects on time and on budget by leveraging data to improve operations.

“Once we saw how effective their software is for driving collaboration and good decision making through the entire project lifecycle we couldn’t wait to introduce the technology to our clients.”

Honest Buildings is an intuitive, cloud-based technology built specifically for and in partnership with real estate owners, project managers and operators.

Founded in 2012 by CEO Riggs Kubiak, the company serves industry leaders such as Beacon Capital Partners, Invesco, SL Green Realty Corp., Angelo Gordon & Co., The JBG Companies, Parkway Properties, and Rudin Management Company, which use Honest Buildings to centralize project data, increase transparency, automate bid management and standardize reporting.

NAI Farbman, which represents NAI Global in Michigan, is an early adopter of the platform. The firm already has more than 25 professionals utilizing Honest Buildings to operate the 25 million square feet it manages in the Midwest.

“We saw a nearly immediate return on investment in time and project savings for our team and our clients,” says Andrew Gutman, President of NAI Farbman.

“We absolutely love having a consistent system to run our construction and capital projects through where we receive real-time insights in an easy-to-understand format.”

Founded in 1978, NAI Global has more than 375 brokerage offices and over 6,700 professionals located throughout North America, Latin America, Europe and Asia Pacific. The firm manages over 380 million square feet of property on behalf of its clients, globally.

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